So what a week it was!! Very interesting and also lot of proof that if you want to be a good trader you need to have some skin to resist all what’s told by the mainstream media!! So yes Just ignore it as much you can~!! There predictions are wrong almost always… The where wrong with the brexit wrong now with the elections! And even worse they where wrong on how the market would react when those events would play out they did!!!

Today we have the ECB and we have to see what draghi is going to tell..
Yellen also was sort of confirming rate hike expectation. So interesting times!!

Hi all we are now proud parents of a beautiful girl. We are super happy and ofcorse I have to recover a bit after a difficult pregnancy. I want to thank you all for you’re super support and kind words patients and trust. ofcorse feel free to give you’re congratulations

I need to inform you all about something important HF will stop providing pamm to Europe clients and as of 25 September all positions will be closed from there end. I’m very sorry for this… It made me close all the open positions now so all of you can withdraw there money on time!!!
This whole thing is chocking but the managment From Hotforex desided. You will all receive an email on the 5th September I also will provide you wit the original email on the website.
These measures are only for PAMM accounts not for the regular private accounts. It is save to trade your own private account under under this link: for Europe Clientshttps://www.hotforex.com When youre from outside Europe use this Link https://www.hotforex.com

If there any questions please let me know or contact Hf for further explaining.

I do also expect to giving birth in this week so very exited by that.

Greetings Noa
I will ofcorse update you when there is news in anyway!! ‘

So all in all Draghi did his play last week. Jobs report was not all that good yesterday Yellen speeche was sort of well …. the rate hike for june is of the table…. but than again there is a rate hike looming but no hints for now when.

Brexit fears and polls are in the vol greating in the USD/GPB mainly and therefor the waveitforward account is making profits. This morning there was a big spike…. We have to see what will happen closer to the refferendum.

waveitforward account is going strong and we can have some more investors so when youre interested please contact me.

weekly important forex data:

uesday:

06:30 – RBA’s decision on interest rates in Australia;

07:00 – Leading / coincident indicators for Japan in April;

11:00 – GDP in the euro zone in the first quarter;

14:30 – productivity and labor costs in the first quarter in the US;

22:30 – American Petroleum Institute (API) will publish its report on the changes in US oil inventories for last week.

Wednesday:

01:50 – Japan’s GDP data in the first quarter, foreign trade balance of Japan in April;

03:30 – mortgages in Australia. This indicator traces the development of the trend in the housing market in Australia, and the level of consumer confidence. Data on foreign trade balance of China in May is also published in this period. Publication of this data can cause a spike in volatility of both the yuan and the US dollar that the yuan is in fact linked to, as well as other currencies. China’s economy, being the second largest in the world, has a strong impact on the world’s GDP, and the indicators of its condition affect the entire financial market;

09:15 – consumer price index in Switzerland in May;

10:30 – Industrial production in the UK in April;

16:00 – assessment of GDP growth in the UK from the National Institute of Economic and Social Research (NIESR), which is published before the release of official GDP data. The evaluation can influence the monetary policy of the Bank of England;

16:30 – US Department of Energy publishes its weekly report on US oil and petroleum products inventories;

23:00 – RBNZ’s decision on interest rates in New Zealand. Current rate is 2.25%. After this, a press conference of the RBNZ will take place.

Thursday:

03:30 – Consumer Price Indix and Producer Price Index (PPI) in China in May. High values of the indices are considered a positive factor for the yuan, and vice versa;

07:45 – unemployment rate in Switzerland in May (forecast 3.5%);

08:00 – payment and foreign trade balance data in April in Germany, whose economy is the locomotive of the euro zone economy. This indicator can cause volatility of the EUR;

14:30 – Initial and Repeated Jobless Claims in the US for last week. Higher–than–expected (267,000) result points to the weakness of the labor market, which has a negative impact on the US dollar.

Friday:

00:45 – Plastic card retail sales in New Zealand in May;

06:30 – services PMI in Japan in April;

08:00 – wholesale and consumer prices indices in May in Germany. Consumer price index (CPI) reflects the average change in prices of all goods and services purchased by households for consumption, it is a key indicator of inflation in Germany. A high value is positive for the EUR and vice versa;

As some of you know I’m pregnant and the first month where really hard for me so now all is going really good so happy for that. We are expecting in september (witch is the best month for a trader to take things slow since most traders are not on there trading desk.) What does this mean for the accounts…. Well I stay trading although I will be managing it so that if something happened I can manage it for you. Therefore I will not take to much more risk at the moment since I do not think that is wise. I will keep you updated and as always you’re free to contact me personal if you have any questions!

Update about the waveitforward account:
its running good and at the moment we have one spot open for a new investor or a redeposit please be aware that if you wish to participate contact me first to discus.

Data coming out for today:

09:15 – real volume of retail trade in Switzerland, which is considered an indicator of consumer confidence for May (1.3% decline forecasted).

9:55 – 10:00 – business activity index in the manufacturing sector of Germany and the Eurozone for May from Markit.

10:30 – a block of macroeconomic data of the UK for April.

14:15 – ADP employment change in the US. An increase in the value of this indicator strengthens the dollar and vice versa. The growth is expected by 180,000.

15:45 – PMI Markit index in the US manufacturing sector in May.

16:00 – ISM business activity index in the US manufacturing sector in May, an important indicator of the state of the US economy as a whole; ISM gradual acceleration of inflation index, assessing the state of the US manufacturing sector in May; construction spending in the US in April.

After 16:00 – price index for dairy products prepared by Global Dairy Trade. We expect the usual strong influence of published data on the quotes of the New Zealand dollar.

20:00 – Beige Book of the FRS, which reviews the current situation in the US economy.

I do want to wish you all a great day!!
And feel free to congratulate or comment or share ofcorse I would be feeling happy when you do.

In the beginning of the year I had some health issues and for me when I’m sick like that trading is not a good idea.
The Euro is ranging a lot with big risk to upside and downside …. Those are not the best trading conditions for how I trade.

Than to be honest the wirdawels and depositings where more effecting us than I would think they would. This Is something I need to adress and I think I did… Therefore I need to adjust the size of the trades we already have open. First priority is the drawdown management for the account. It also is fact that I can be more active now in the incoming months since Im feeling a whole lot better and I think we all will benefit from it. I know its not my best year but than again You cannot have sort of perfect peformance each year of youre life!!

Than I litle about the market…

Yellen is more dovish than in the beginning of the year and ratehike 4 times is pretty much of the table. Also she is taking into account global risk. So we have to see… The Euro looks stronger now…. but if you look at it more longtherm the Euro has some serious issues with brexit fears looming and some political and economic problems.

the WAVEITFORWARD account:

Its running very good and very happy with how we go! The lostsize is just a litle smaller now but that’s temporary to not get to much in drawdowns.

So I do hope this explains some more where we are. And where we go.

Feel free to ask questions.

Wish you all a great day and thank you all for youre pataints and trust.

Hi ALL!
Tomorrow will be in interesting day because of the Interest rate decisions an the ECB spressconferance.

Will it be more easing most likely.

N Profit Update!

I do also want to announce since the account is running more than a year now THANK YOU for YOU’RE TRUST AND PATIENTS that I will invest some more myself since I do try to run it like a fund which means I will reinvest a small part back into the fund so we can grow!
You’re all ofcorse free to do the same.

Waveitforward private account Update:

Account is running more active again since we have some more movements We Do Accept couple more investors at the moment if you want info let me know. This Account is a private account and ment to run long time. If you’re already in the fund you could reinvest if you want to at this moment but please contact me first for the correct amount and time!

Well well what a week in the markets…. ECB talks more easying more more more…. some consider that a bad thing for the economic state…
Brexit fears all over the place …. Political games all in all looks like the central banks are playing there games with full hands. Scenarios are not completely played out and not all cards are on the table… so lots to keep track on and lots to be considered when you make any trading decisions.
Some persons say the Euro is now within safe haven currency which could be but the resent highs where mainly dollar weakness in my opinion.

As you know I always start the year with some drawdown and than I create profits into the year and. I’m aware that I was little less active and that’s because I hade a flu like nothing I have ever had and it knocked me down… So yes I’m human and a real persons and I do this on my own. I know that when I’m sick my trading dissensions never really work out because you’re just in the wrong mind set to do the right things so hope I you can understand. Please be aware that even when im not feeling well I’m always watching the market but that comes fist than communicating. I’m feeling a whole lot better these days so back on it.

Update on waveitforward account;

yes where going strong and the pound gives some good opportunities at the moment. So expect more profits to come.